Food Culture Correlations
| FCUL Stock | 0.23 0.17 285.91% |
The current 90-days correlation between Food Culture and Mill City Ventures is -0.14 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Food Culture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Food Culture moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Food Culture Correlation With Market
Significant diversification
The correlation between Food Culture and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Food Culture and DJI in the same portfolio, assuming nothing else is changed.
Food |
The ability to find closely correlated positions to Food Culture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Food Culture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Food Culture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Food Culture to buy it.
Moving against Food Pink Sheet
| 0.42 | CSSV | Caspian Services | PairCorr |
| 0.39 | SUM | Summit Materials | PairCorr |
| 0.34 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.32 | CBSH | Commerce Bancshares Fiscal Year End 16th of January 2025 | PairCorr |
| 0.36 | RBCAA | Republic Bancorp | PairCorr |
| 0.31 | DASH | DoorDash, Class A | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Food Pink Sheet performing well and Food Culture Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Food Culture's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCVT | 2.55 | (0.28) | 0.00 | 0.76 | 0.00 | 5.29 | 14.06 | |||
| CHBAY | 0.15 | (0.07) | 0.00 | 2.21 | 0.00 | 0.00 | 5.84 | |||
| UVSP | 1.45 | 0.15 | 0.08 | 0.59 | 1.67 | 3.37 | 18.49 | |||
| PFLT | 0.63 | (0.05) | 0.00 | (0.16) | 0.00 | 1.01 | 4.93 | |||
| SHOT | 3.55 | (0.46) | 0.00 | (1.56) | 0.00 | 7.45 | 20.45 | |||
| KDP | 0.79 | (0.23) | 0.00 | (1.59) | 0.00 | 1.30 | 6.36 | |||
| FIZZ | 1.12 | (0.09) | 0.00 | (0.28) | 0.00 | 2.13 | 10.75 | |||
| GBCI | 1.59 | 0.22 | 0.10 | 0.79 | 1.85 | 3.24 | 16.78 |
Food Culture Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Food Culture pink sheet to make a market-neutral strategy. Peer analysis of Food Culture could also be used in its relative valuation, which is a method of valuing Food Culture by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |